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Jul 26, 2011
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>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been following it, where do the -- do both plans stand right now? you have harry reids and john boeh
>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real...
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Jul 22, 2011
07/11
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but having said that, i think the big obstacles are still the big obstacles. the question is, will you raise taxes, right? >> will you raise taxes. let's go to the republican on that one. ari fleischer, you know how this works from your days on the hill and at the white house. the house proposal will die in the senate tomorrow. then the real negotiations begin. how much of a leash does the republican speaker have negotiating a deal with the president of the united states that could include the expiration and allowing the bush tax cuts to expire at least for those at the top end, the wealthy? >> john, i think the only way that tax cuts for the upper income tier expires is if barack obama is willing to put on the table the individual mandate. that's a pretty loud and clear message that he's been getting from republicans in these negotiations. clearly there is something in the air, and it's big in washington tonight. the new element is something called a trigger. there's been a lot of talk now involving the president and republican leaders in the white house abou
but having said that, i think the big obstacles are still the big obstacles. the question is, will you raise taxes, right? >> will you raise taxes. let's go to the republican on that one. ari fleischer, you know how this works from your days on the hill and at the white house. the house proposal will die in the senate tomorrow. then the real negotiations begin. how much of a leash does the republican speaker have negotiating a deal with the president of the united states that could...
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Jul 15, 2011
07/11
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it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put it on the table. so there are people in both parties who are playing games with. this i just think it's a shame that a deal that would have both raised revenue, to the tax rates, and reformed entitlements and cut spending has been on the table in washington, d.c. for six months and it hasn't gotten done. >> well, i don't know of a single democrat that said that that is no big deal if we don't raise the debt -- >> nancy pelosi and others said you can't touch entitlements. >> i don't know of a single democrat that said it's not a big deal i
it's not going to be that big a deal. listen to michele bachmann, listen to a ton of these house republicans, just shut the thing down. that's the only way you get a bill to do this thing. it's sinful to vote for this. and by the way, a majority of the country says that they're not in favor of increasing the debt limit. that's just a fact. >> and you also have people like nancy pelosi saying that entitlement reform is absolutely off the table even after the president of her own party put...
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Jul 27, 2011
07/11
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it's a big deal. if america finally wakes up and recognizes that if they turn their backs, these guys will go right back to what they've been doing for generations. it's time for america to make some statements. and if we're really serious about protecting children we need to focus on these folks. to a much greater degree. i could fill an entire show just listing the nape names of elected officials, law enforcement officials in utah and arizona that have dropped the ball. members of the media that have turned their backs or done flattering stories. the list of bad guys is very long here. let's hope that this trial will wake everybody up. >> well, you've been doing some reporting on this for over ten years like you said. appreciate you being on, mike watkus. >> happy to be here. >>> still ahead the judge in the case of the casey anthony trial decides when he's going to release the names of the jurors. plus friends and family gather to mourn amy winehouse as investigators find out why she died. and a ne
it's a big deal. if america finally wakes up and recognizes that if they turn their backs, these guys will go right back to what they've been doing for generations. it's time for america to make some statements. and if we're really serious about protecting children we need to focus on these folks. to a much greater degree. i could fill an entire show just listing the nape names of elected officials, law enforcement officials in utah and arizona that have dropped the ball. members of the media...
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Jul 28, 2011
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certainly there are also big signs that speaker boehner is facing a vocal rebellion among the gop ranks, among republican ranks. this morning on conservative talk radio he tried to rally the troops. >> is it true that you told some of the republican members this morning that you need to get your a word in line behind this debt ceiling bill? >> i sure did. listen, this is time to do what is doable. this bill isn't perfect. >> what have we got to do? >> just moments after he spoke those words from fellow republicans and tea party leaders were rallying against his bill outside the capitol. >> folks, we've got to hold the line. we've got to stand strong. we can't let down the people who elected us last november. >> we have the boehner proposal on the table. it will cut next year $1 billiobillion [ audience boos ] >> we are spending $1 billion an hour virtually. that is insignificant and not meaningful reform. >> tea party favorites rand paul and jim demint. one of the rally organizers saying compromise simply is not the answer. >> we do think compromise is a bad word. if you look at what's
certainly there are also big signs that speaker boehner is facing a vocal rebellion among the gop ranks, among republican ranks. this morning on conservative talk radio he tried to rally the troops. >> is it true that you told some of the republican members this morning that you need to get your a word in line behind this debt ceiling bill? >> i sure did. listen, this is time to do what is doable. this bill isn't perfect. >> what have we got to do? >> just moments after...
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Jul 29, 2011
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>> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means. i don't think anybody knows precisely what that means. but it has been suggested that under that provision, president obama could simply order that the debt be paid and that this crisis be forestalled. he has mostly reject that option, but as far as i've read their statements, they have not completely rejected that option. obama has always said, look, i think this should be dealt with by congress, not by unilaterally under the 14th amendment. but under my reading of their statements, they haven't completely ruled out in a total crisis situation invoking the section of the amendment
>> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means....
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Jul 30, 2011
07/11
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i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> back with the breaking news coverage. the battle over the debt ceiling tonight, house approved speaker boehner's plan by a razor thin margin but a short time later the senate killed it and plan put forward by senator leader harry reid will come up for doe bait on sunday. jessica yellin, kate bolduan, gloria borger and ali velshi. kate, have members of the congress left for tonight or is there still some kind of back room meeting going on? >> reporter: it seems they have call it a night at least for this evening. the house is back in at noon tomorrow and the senate's back in around the same time. but other than the very symbolic vote that you've been talking about, anderson, where the house is going to t
i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> back with the breaking news coverage. the battle over the debt ceiling tonight, house approved...
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Jul 30, 2011
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you mentioned august 3rd, that big social security payment? according to many republicans, unless we default on an actual debt we don't have to get our debt downgraded. according to s & p and ben bernanke, if you default on any payment you're supposed to make, even if it's not to a bond holder you could face that. >> republicans who say, look, i don't buy it's this big catastrophe waiting to hit after august 2nd. >> reporter: they absolutely could be right. but anderson, you and i were together on september 15, 2008 after they decided a lot of smart people decided to let lehman brothers fail thinking it's not that big of a deal. i don't know which way it's going to go. i don't know if we should be playing with fire like this. >> john, what do you make of jessica's reporting that she's hearing mitch mcconnell is wanting president obama to be at the table in any negotiations? >> as a couple of political reasons for that in the sense that then you can't cut a deal then the white house will say we're going to try this. to move the goal post. the w
you mentioned august 3rd, that big social security payment? according to many republicans, unless we default on an actual debt we don't have to get our debt downgraded. according to s & p and ben bernanke, if you default on any payment you're supposed to make, even if it's not to a bond holder you could face that. >> republicans who say, look, i don't buy it's this big catastrophe waiting to hit after august 2nd. >> reporter: they absolutely could be right. but anderson, you and...
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Jul 14, 2011
07/11
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this but that's not the big point right now. the critical point is as moody's is warning as ben bernanke warned today and congress, the critical point is this country must not go into default on august 2nd. and they need to reach some minimal agreements to avoid that. that should not be hard to do. now, what they can get beyond that is really important, but it's not as urgently necessary as making sure we get this done. then we can move to the more moderate term crisis or the moderate crisis, moderate term crisis which is the huge deficits. we do have to solve those, but not before august 2nd. we have to get a deal to avoid a catastrophe on august 2nd. >> so nicole, for republicans tomorrow, do they need to change strategy given what happened today? or what do they do going into this meeting tomorrow? >> look, it was barack obama who stood in the rose garden just a few months ago and talked about -- when he signed into law the extension of the bush tax cuts he seemed to understand that raising taxes is not the right thing to do
this but that's not the big point right now. the critical point is as moody's is warning as ben bernanke warned today and congress, the critical point is this country must not go into default on august 2nd. and they need to reach some minimal agreements to avoid that. that should not be hard to do. now, what they can get beyond that is really important, but it's not as urgently necessary as making sure we get this done. then we can move to the more moderate term crisis or the moderate crisis,...
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that seems to be their big mantra in the last week or so. i would say, okay. the rich can bear more of the burden. why don't we have the rich pay the full cost of their medicare and have the rich take reduced social security benefits? a way the rich can absorb more of the burden. i don't want to increase taxes. even if you tax rich people or corporations, it really is taxing everyone because you'll have less jobs and it will hurt the economy. the reason tax revenue's down is that we're growing at such a slow rate. if we could grow again, if our economy could get out of the recession we'd have plenty of revenue. >> so on the tax issue then, you have no wiggle room. because the president made the case today, he said look what bill clinton did in the 1990s. he raised taxes on wealthy americans and the economy was booming. george w. bush cut them and we had a more sluggish economy. the current president makes the case that bill clinton is proof if you have modest tax increases on the rich it won't have the impact on job growth the republicans argue. >> two weeks a
that seems to be their big mantra in the last week or so. i would say, okay. the rich can bear more of the burden. why don't we have the rich pay the full cost of their medicare and have the rich take reduced social security benefits? a way the rich can absorb more of the burden. i don't want to increase taxes. even if you tax rich people or corporations, it really is taxing everyone because you'll have less jobs and it will hurt the economy. the reason tax revenue's down is that we're growing...
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Jul 13, 2011
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didn't try to auction it off for big bucks. but maybe he might be wishing he kept it instead coming up. . crime and punishment tonight, an accident doesn't have to slow you down. with better car replacement available only with liberty mutual auto insurance, if your car's totaled, we give you the money for a car one model year newer. to learn more, visit us today. responsibility. what's your policy? to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens. neutrogena® wet skin cuts through water. forms a broad spectrum barrier for full strength sun protection. wet skin. neutrogena®. if you have painful, swollen joints, i've been in your shoes. one day i'm on p of the world... the next i'm saying... i have this thing called psoriatic arthritis. i had some intense pain. it progressively got worse. my rheumatologist told me about enbrel. i'm surprised how quickly my symptoms have been managed. [ male announcer ] because enbrel suppresses your immune system, it may lower your ability to fight inf
didn't try to auction it off for big bucks. but maybe he might be wishing he kept it instead coming up. . crime and punishment tonight, an accident doesn't have to slow you down. with better car replacement available only with liberty mutual auto insurance, if your car's totaled, we give you the money for a car one model year newer. to learn more, visit us today. responsibility. what's your policy? to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens....
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Jul 28, 2011
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. it's me? alright emma, i know it's not your favorite but it's time for your medicine, okay? you ready? one, two, three. [ both ] ♪ emma, emma bo-bemma ♪ banana-fana-fo-femma ♪ fee-fi-fo-femma ♪ em-ma very good sweety, how do you feel? good. yeah? you did a really good job, okay? let's go back to drawing. >>> can you imagine if you were a mom and you go to a doctor toe deliver your baby and then that doctor kept your baby from you until you paid your hospital bill? i mean, it sounds crazy but in indonesia this actually happens a lot. this week's cnn hero has a solution. arizona native robin lim moved to indonesia to offer free birthing services to poor women. here's her story. >> the moment that a woman becomes pregnant in indonesia, she is 300 times more likely to die in the next 12 months than if she was not pregnant. if you have money you can get excellent medical services. but the poorest people don't always get the services the
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. it's me? alright emma, i know it's not your favorite but it's time for your medicine, okay? you ready? one, two, three. [ both ] ♪ emma, emma bo-bemma ♪ banana-fana-fo-femma ♪ fee-fi-fo-femma ♪ em-ma very good sweety, how do you feel? good. yeah? you did a really good job, okay? let's go back to drawing. >>> can you imagine if you were a mom and you go...
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Jul 21, 2011
07/11
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if you put all that together, that's a big deal. and it's a deal that's been around in washington at least since the deficit and debt commission. and i think would get broad bipartisan support. and so everyone has been pushing up against this deadline which we also knew was coming for a long time. >> right. >> to see how the politics is going to turn out. >> but again, carly, just to be clear without generating any new revenue can you adequately address this problem despite all the things you just said? >> oh, i think revenue razors, in my opinion, are fine. that's different than raising tax rates. and i think what we need to do is lower tax rates and close loopholes, and that raises revenue. and i think there's broad support for that. >> john corzine, on the other hand we're still recovering from a major recession which is i think what's captured so many people's attention. republicans say now is not the time to take any money out of the pockets of, as you heard, job creators. >> do they have a point? >> let me start with, almost e
if you put all that together, that's a big deal. and it's a deal that's been around in washington at least since the deficit and debt commission. and i think would get broad bipartisan support. and so everyone has been pushing up against this deadline which we also knew was coming for a long time. >> right. >> to see how the politics is going to turn out. >> but again, carly, just to be clear without generating any new revenue can you adequately address this problem despite...